Also is it necessary to use Blockchain technology for raising ICO investment?
Developers need money to focus on developing their project, that's why they do ico, but projects that are giving up because they didn't reach the softcap is not a excuse to give up the project, anyway those project that gave up will just do a terrible job developing their project, Developers that just continue to develop their project even they didn't reach the softcap will do much better because they are determine and also those who didn't do ico, i don't know how i feel about IEO because projects that did IEO has yet to develop their own project.